𝗛𝗼𝘄 𝗱𝗼 𝗜 𝗸𝗻𝗼𝘄 𝗶𝗳 𝗮𝗻 𝗔𝗜 𝘁𝗼𝗼𝗹 𝗶𝘀 𝗮𝗰𝘁𝘂𝗮𝗹𝗹𝘆 𝘄𝗼𝗿𝘁𝗵 𝘁𝗵𝗲 𝗰𝗼𝘀𝘁?
Use the numbers. A lot of business owners look at the monthly subscription price and stop there. But the real cost usually includes setup, training, and the time your team spends adjusting to the new tool.
A simple way to measure the return is:
ROI = (Benefits - Costs) ÷ Costs × 100
Example:
If an AI tool costs you $20,000 total, but creates $40,000 in value through labor savings and faster payments, your ROI is 100%.
That means you made your money back and then some.
DM us if you want help looking at the numbers before you invest.
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𝗔𝗿𝗲 𝗜𝗥𝗔 𝗰𝗼𝗻𝘁𝗿𝗶𝗯𝘂𝘁𝗶𝗼𝗻𝘀 𝗱𝗲𝗱𝘂𝗰𝘁𝗶𝗯𝗹𝗲 𝗳𝗼𝗿 𝗺𝘆 𝘁𝗿𝗮𝗱𝗶𝘁𝗶𝗼𝗻𝗮𝗹 𝗜𝗥𝗔?
Potentially, yes. If your contribution is deductible, the amount you put in reduces your taxable income for the year, dollar for dollar.
But whether you get that deduction depends on a few factors:
• Whether you or your spouse is covered by a workplace retirement plan
• Your modified adjusted gross income (MAGI)
• Your filing status
• Your marginal tax bracket
• Your age (those 50+ can contribute more)
(Also, if your IRA contributions drop you into a lower tax bracket, you can see even more tax savings.)
So, make all the contributions you can before April 15. That way, you lock in all the tax savings you can for this year AND secure valuable time for your contributions to grow tax-deferred.
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“𝙒𝙝𝙖𝙩 𝙖𝙧𝙚 𝙩𝙝𝙚 𝙝𝙞𝙙𝙙𝙚𝙣 𝙘𝙤𝙨𝙩𝙨 𝙤𝙛 𝙖𝙙𝙤𝙥𝙩𝙞𝙣𝙜 𝘼𝙄 𝙩𝙤𝙤𝙡𝙨?”
The price of the software is only part of the cost of adopting AI tools.
You also have to account for the time it takes to research the right tools, train your team, and work through the productivity dip that often happens when you move away from old habits and processes.
Those indirect costs add up quickly, and they are easy to overlook when you are budgeting for a new tool.
A good rule of thumb is to build in a 20% contingency buffer to help cover the extra time, training, and transition costs.
AI tools can be a smart investment, but only if you plan for the full cost of implementation, not just the monthly fee.
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Saving for retirement is not easy in 2026... though, apparently, Gen Z has it sort of figured out.
Where do you fall on that spectrum?
Everyone but Gen Z is saving less for retirement. What's happening?
www.usatoday.com
Americans are saving less and borrowing more from retirement funds, but Gen Z is bucking the trend, a new report shows.0 CommentsComment on Facebook
How do I check the status of my tax refund?
You can check your federal refund through the IRS “Where’s My Refund?” tool on IRS.gov or by using the IRS2Go app.
You’ll need:
• Your Social Security number or ITIN
• Your filing status
• The exact refund amount shown on your return
The IRS usually updates refund status once every 24 hours, and you can typically start checking within 24 hours after your e-filed return is accepted.
Waiting on your deposit? Once the IRS sends the refund, your bank may still take a little time to post it.
And if you’re checking on a state refund, that is handled separately through your state tax agency.
If your refund is delayed or something seems off, we can help you understand what’s going on and what to do next.
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𝗛𝗼𝘄 𝗱𝗼 𝗜 𝗲𝘀𝘁𝗶𝗺𝗮𝘁𝗲 𝗺𝘆 𝗾𝘂𝗮𝗿𝘁𝗲𝗿𝗹𝘆 𝘁𝗮𝘅 𝗽𝗮𝘆𝗺𝗲𝗻𝘁?
There’s more than one way to do it, and the right method depends on how consistent your income is.
If your income is steady, the Safe Harbor Approach may work well. That means using last year’s total tax as a guide. For example, if you owed $10,000 last year, you might pay $2,500 each quarter this year.
If your income changes throughout the year, like with seasonal or commission-based work, you may need to estimate each quarter based on what you’ve earned so far.
Because the right approach depends on your specific income pattern, a custom payment schedule can make a big difference.
DM me if you want help figuring out your estimated tax payment schedule.
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